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Audnzdshort

AUDNZD REAL DEAL OR TRAP ? BEARISH REVERSALHI HOPE YOU ARE DOING WELL ! I JJST SAW THIS MAYBE DOUBLE TOP FORMING ON THE H1 (MORE VISIBLE ON M15) AT THE PREVIOUS SWING HIGH. THERE IS ALSO A BEARISH DIVERGENCE. HOWEVER, IT SEEMS TOO GOOD TO BE TRUE AND I WOULD BE AWARE BEFORE TAKING THIS TRADE. AS WE ALL KNOW THERE ARE A LOT OF STOP-LOSS = LIQUIDITY ABOVE RECENT HIGHS SO I WOULDN'T BE SURPRISE TO SEE A STRONG PUSH TO THE UPSIDE TO TAKE OUT THIS LIQUIDITY ZONE AND THEN A BEARISH IMPULSE TO THE DOWNSIDE. OR IT COULD JUST BREAK THE NECKLINE OF THE DOUBLE AND CREATE AN IMPULSIVE BEARISH WAVE
Short
by Corbeau_FX
2
AUDNZD H4 SHORT PRICE ACTION FORECAST With the price unable to break through the supply zone and the bearish divergence from the RSI indicator, we could expect a reversal in the price before any further upward movement. This pair could experience a healthy technical correction towards the Fib level 5.0 before getting a next impulse to register a new high. The current scenario allows the setup of a short order to capture the correction. The order: Type: sell-stop S/L: 31 pips - R:R | 1:4 - T/P: Fib golden level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
3
AUDNZD - SWING - 03. AUGU. 2020Welcome to our weekly trade setup ( AUDNZD )! - 1 HOUR Bearish price action right now.. 4 HOUR Overall bullish market formed new highs. DAILY Expecting prices to turn bearish now, good short entries! - FOREX SWING SELL AUDNZD ENTRY LEVEL @ 1.07510 SL @ 1.07940 TP @ 1.06870 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
23
AUDNZD H1 SHORT PRICE ACTION FORECAST -UPDATE-Market bearish momentum was captured yesterday, as shown in the previous analysis. I didn't reach the T/P level, but it was a good entry for a 1:1.7 risk to reward ratio. Today, after reaching the previous resistance level in confluence with the retest of the ascending trendline, it allows shorting the pair again, with the following setup. The order: Type: sell-limit S/L: 20 pips - R:R | 1:2 - T/P: FIB level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
AUDNZD Short Opportunity - Catch the DowntrendAUDNZD is traveling in a trend channel that's visible on the 1-hr chart. Price deflected off the upper guardrail today and, as expected, sank lower, solidifying the downtrend. The target for the AUDNZD is the lower guardrail on the channel. Since price is expected to go much lower, now is the time to catch the downtrend. It would be nice to wait for a pull back before locking in a short position. On the fundamental side, given rising COVID-19 cases in Australia, it is clear that lockdowns will have to be prolonged, and we will likely see more and more cases as the days go buy, leading to worsening sentiment in the AUD. Since New Zealand is doing relatively better in controlling the virus, I expect price will continue in a downtrend for the next few days, though we can expect consolidations and corrections along the way.
Short
by Muqsitali
AUDNZD H1 SHORT PRICE ACTION FORECAST The price broke the bullish trend after failing to form a fresh HH. The price is under a strong bearish sentiment with the potential to experience a technical correction towards the FIB level from the extension tool. The current price structure allows the setup of a short entry with the following characteristics. The order: Type: sell-stop S/L: 22 pips - R:R | 1:2 - T/P: Fib level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER